GAN (Game Account Network) has accepted the resignation of Dermot Smurfit, the company’s CEO for 13 years, and has announced that Seamus McGill, chairman of the GAN board, will assumed the role of CEO on an interim basis while a search for McGill’s successor is conducted.
Smurfit, who began his career with the company as a director in 2003, is considering an agreement to remain a consultant with the company, according to GamingAmerica.com. He remains a major stockholder in the company.
Smurfit is also a non-practicing U.K. lawyer who specialized in corporate finance. During his time with GAN, the supplier has worked with companies like FanDuel, Wynn Resorts, Ainsworth, Churchill Downs, Coolbet, the Cordish Companies, Parx Casino, Station Casinos, San Manuel Casino and IGT.
McGill has been a member of the GAN board since 2014, and has 25 years of experience in the gaming and technology sectors, including a role as the president of Joingo from 2013 to 2015.
McGill also worked with Aristocrat Technologies for five years as COO, when the company saw 20 percent year-on-year growth. Before selling Cyberview Technology to IGT, McGill was also president of that company from 2006-2008.
GAN has disclosed that terms of McGill’s appointment include the interim CEO’s annual base salary of $500,000, eligibility for bonus payments and participation in GAN’s employee stock options program and other benefit plans. He will now head the company’s executive team and strategic process.
